polymers, chemicals, fibers, and petroleum products...products for agriculture,
electronics, transportation, apparel, food, aerospace, construction, and health care.
DuPont serves customers in these and other industries every day, offering "better things
for better living" as the company prepares to begin its third century of scientific,
technological, commercial, and social achievement. DuPont is a research and technology
based chemical and energy company with its annual revenue exceeding $39 billion.
Eleuthre Irne du Pont de Nemours, a French immigrant, established DuPont
in 1802 in a small Delaware town. E.I. du Pont was a student of Antoine
Lavoisier, the father of modern chemistry, and when he came to America he brought some of
the new ideas about the manufacturing of consistently reliable gun powder. His
product ignited when it was supposed to, in a manner consistent with expectations. This was
greatly appreciated by the citizens of the growing nation, including Thomas
Jefferson, who wrote thanking du Pont for the quality of his powder, which was being used to clear the land at Monticello. Many other heroes of early America owed their success, and their
lives, to the dependable quality of DuPont's first product. This represents a good,
strong start for a company.
DuPont, which is moving through the last decade of the twentieth century and
toward its third century, emphasizes several things; competing globally;
sharpening its business focus; increasing productivity; committing to safety, health, and
environmental excellence; and continuing to extend its significant science and
One of DuPont's major strategies is to focus on businesses in which DuPont
has core competencies, where DuPont can build competitive advantage. The most
notable example of this focus was the 1993 transaction in which DuPont acquired ICI's
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